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$872,833

NAL Estimated Property Value

8552 Alford Point Drive, Magnolia, TX, 77354

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.9 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size9,590 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7402-02-04000
Lot Number40
SubdivisionNorthgrove 02
Land UseResidential
Legal DescriptionS740202 - NORTHGROVE 02, BLOCK 1, LOT 40
Census Tract690603
Assessed Land Value$93,500
Assessed Improvement Value$779,333
Assessment Year2025

About this property

Step into a home that instantly impresses! Perfectly nestled in the master-planned community of NorthGrove, this home showcases 5 BDRM, 4/1 BTH, & 4,536 SF of thoughtfully designed living space. Be welcomed by soaring ceilings, large windows, abundant natural light, wrought iron staircase, & modern finishes throughout. The open-concept living room—anchored by a striking floor-to-ceiling stone fireplace—flows effortlessly into the gourmet kitchen. The primary suite offers a true retreat w/ tray ceiling, spa-like bath, & impressive walk-in closet. This gorgeous home also boasts home office, formal dining, breakfast nook, game room, media room, & generously sized secondary BDRMS, every space is designed for both style & comfort! Step outside to a covered tile patio w/ fully equipped outdoor kitchen overlooking a large backyard w/ no back neighbors. Just moments from NorthGrove’s premier amenities—pool, clubhouse, fitness center, tennis courts, trails, & parks—Schedule your showing today!

Investor Tools

Property Icon
$872,833
Estimated Property Value
$603,457Estimated Mortgage Balance
$269,376Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$962/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,178
$872,833
2025
$93,500
$779,333
$872,833
No

Tax History

Year
Tax Paid
Assessed Value
2023
$7,178
$872,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$620,000
No
First
Nov 13, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$603,457
$269,376
30%
69%
$3,718/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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8552 Alford Point Drive | Property Details | No Agent List